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Dhaka, Bangladesh
Friday, July 3, 2020
FinTech

FinTech

Women in fintech: why do we need them and how do we recruit them?

Women in fintech: why do we need them and how do we recruit them?
Over the holiday period I saw my 17-year-old niece Katie reading an article in an engineering magazine about the lack of women in that industry. She is considering becoming an engineer. During an enlightening conversation, I asked her to tell me how today’s cars would...

Why AI will determine the future of fintech

AI Fintech
More investors are setting their sights on the financial technology (Fintech) arena. According to consulting firm Accenture, investment in Fintech firms rose by 10 percent worldwide to the tune of $23.2 billion in 2016. China is leading the charge after securing $10 billion in investments...

Bank Negara kicks off fintech sandbox

Bank Negara
Bank Negara has approved four firms to operate within its “regulatory sandbox”, marking a significant milestone in the growth of financial technology (fintech) in Malaysia. Bank Negara opened applications for parties intending to create innovative ways to improve the quality, efficiency and accessibility of financial...

Fintech partnerships reveal innovation insecurities

Fintech partnerships reveal innovation insecurities
The world's banks have poured billions of dollars into new technologies but many say their innovation strategies are falling short as concerns about cyber security, intellectual property rights and procurement hinder partnerships with fintech firms. That is according to a study conducted by the law...

Digital Disruption Has Arrived In FinTech

Digital Disruption Has Arrived In FinTech
ClearBank, the first new clearing bank to be authorized in the UK in over 250 years launched on February 28th. This is one of the most exciting new FinTech launches with significant implications for the financial services ecosystem, though I must warn readers and...

Could Google give FinTech apps a needed boost?

Could Google give fintech apps a needed boost?
Fintech companies that have developed products for the underserved have a big challenge — reaching their intended customers. Google and the Center for Financial Services Innovation are hoping to change that. The tech giant and CFSI, a nonprofit dedicated to promoting financial health, have been...

Banking 2018: Trends & Conclusions

The past year has witnessed great change in the landscape of the banking sector, with the decrease in deal volume and the proliferation of alternative sources of financing continuing to affect the market. Traditional lenders have also faced the challenges brought by the rise...

3 Ways FinTech Is Disrupting The Indian Lending Space

3 Ways FinTech Is Disrupting The Indian Lending Space
Fintech companies today are introducing a gamut of financial services comprising basic banking functions, lending, payment solutions, personal wealth-management and analytics-backed financial advisory services. The Indian fintech sector saw investments upwards of $1.6 billion in 2016 and has been growing at a steady rate,...

IT Outsourcing – Driving Technological Innovation for the Banking Sector?

IT Outsourcing
Businesses in all industries across the globe, both large and small, are increasingly incorporating technology into their operations in order to improve efficiency, lower costs and generate higher returns. The adoption of outsourcing in the banking sector across various business functions—the so-called business-process outsourcing...

The [Financial] World is not Enough

The financial world is not enough
Every day the news on the country’s financial industry disappoints me a little more. The news is full of tragedy and disappointment, from banks failing to maintain required provisions against classified loans to thousands of crores of capital shortage in banks - there’s no end to...
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